HDK approves EV charging infra worth Rs 1,232cr for Karnataka
Kumaraswamy said the RE PM scheme, with Rs 7,280 crore, will boost rare earth magnet manufacturing.
PTI
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HD Kumaraswamy with delegates during a conference on Enabling Nationwide EV Charging Infrastructure (Mohammed Asad)
Bengaluru, 12 May
Union
Minister HD Kumaraswamy on Tuesday announced approval of proposals pertaining
to electric vehicle charging infrastructure totalling Rs 50,386 crore across
various states, including Rs 1,232.6 crore for Karnataka.
“I am
happy to announce approval of proposals for Karnataka involving 1,243 EV
chargers with an outlay of Rs 1,232.6 crore, further strengthening Bengaluru’s
position as a leading EV charging hub,” the Minister of Heavy Industries said
after inaugurating a Conference on Enabling Nationwide EV Charging
Infrastructure under the PM E-DRIVE Scheme in Bengaluru. “So far, EV charging
proposals with a total financial outlay of Rs 50,386 crore have been approved,
covering installation of 4,874 EV chargers across various states and CPSUs.”
Kumaraswamy said the amount released in the first phase is Rs 2,000 crore.
“In the
second phase, whatever development proposals your state has shown today
regarding EV vehicles and charging stations, I assure you from my department
that we will support you fully and with confidence,” Kumaraswamy added.
The
approved proposals include major CPSUs such as HPCL, IOCL, and BPCL, as well as
states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala,
Telangana, Karnataka, and Tamil Nadu.
He said
the Production Linked Incentive for Advanced Chemistry Cell Battery Storage
scheme, with an outlay of Rs 18,100 crore, encourages domestic battery
manufacturing. The PLI Auto scheme, with Rs 25,938 crore, promotes cleaner
vehicles, including EVs and hydrogen models.
He said
the RE PM scheme, with Rs 7,280 crore, will boost rare earth magnet
manufacturing.
Kumaraswamy also highlighted the PM E-Drive scheme, with an outlay of about Rs 10,800–10,900 crore, including Rs 2,000 crore for EV charging infrastructure. Under FAME, 8,932 chargers have been installed nationwide, including 721 in Karnataka.
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